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BlockBeats News, February 26th, the market speculation around Jane Street has once again triggered a discussion on the Bitcoin spot ETF trading mechanism. Analysts pointed out that the creation and redemption of spot ETF shares can be facilitated by Authorized Participants (APs) under a regulatory exemptive order framework, without necessarily requiring immediate buying or selling of Bitcoin on the open market; in cases such as futures contango, APs may also hedge through futures and other derivative products, leading to a timing mismatch between ETF fund inflows and spot market buying pressure and short-term price action. Reports cited industry insiders stating that the above mechanism is a common and legitimate operation of ETFs, and does not directly imply misconduct by any single institution, but it also reflects that Bitcoin price discovery is increasingly influenced by institutional trading venues (such as the futures market). (Decrypt)

BlockBeats News, February 26, according to on-chain analyst Ai Aunt (@ai_9684xtpa), two addresses have accumulated a total long position of 120,000 ETH, with an unrealized profit of $5.622 million. Address 0xa5b…01d41: holding 70,000 ETH, average entry price $1,991.53; Address 0x6C8…D84F6: holding 50,000 ETH, average entry price $2,012.11.

Glonghui, February 26｜After the US market closed on Wednesday, during Nvidia's earnings call, Nvidia CEO Jensen Huang mentioned the topic of "space data centers" and stated that although the current economic efficiency of space data centers is relatively poor, it will continue to improve in the future. The operating environment in space is completely different from that on Earth; therefore, the technical solutions for space data centers differ significantly from those on Earth, but there are already multiple technological approaches competing for implementation. Looking ahead, Jensen Huang believes that AI will have highly promising application scenarios in the space sector.